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Sneaky outside key reversal in beans
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c-xr-1
Posted 10/4/2014 23:56 (#4109900 - in reply to #4109848)
Subject: RE: who recently entitled a post "grasping for straws"


Houston,Tx
with due respect, Friday in SX was what technicians name - an OUTSIDE DAY/LOWER CLOSE occuring in a group of 6 sideways trading days.

KR's are rare but significant WHEN they occur - which is at the end of a marked trend - see above (the wkly bar was what is KEY) - eg. of KR include hammer, inverted hammer/gravestone doji, shooting star - and do NOT have to close above or below previous day close.

this is a KS - Key sign, aka "HEADS UP" for ??????????

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